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> All about ETFs / Foreign Brokers, Exchange traded funds

rjb123
post Nov 5 2014, 12:23 AM

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QUOTE(MNet @ Nov 4 2014, 11:46 PM)
market down down..
*
Yeah, everything red today - not enough to tempt to top up though.
jasonkwk
post Nov 5 2014, 02:41 PM

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Most ETF in KLSE and SGX suffer liquidity issue, not suitable for trading.
rjb123
post Nov 5 2014, 04:56 PM

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QUOTE(jasonkwk @ Nov 5 2014, 02:41 PM)
Most ETF in KLSE and SGX suffer liquidity issue, not suitable for trading.
*
Yeah, volume is very low compared to US listed

What's the bid / ask spread like on the ETFs listed on Bursa? I don't have access to Malaysia broker acc.
chicargo
post Nov 5 2014, 06:29 PM

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Just wondering how do you all build your portfolio of ETFs?

I'm not sure how many countries to spread my risk (ie. SP500, FTSE and Asia?)

Also do you guys also hold bonds in case equity goes down down down?
MNet
post Nov 15 2014, 10:36 PM

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the cash dividend payment will go into the trading account?
rjb123
post Nov 16 2014, 06:10 AM

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QUOTE(MNet @ Nov 15 2014, 10:36 PM)
the cash dividend payment will go into the trading account?
*
Yep.

Just download your broker statements and have a look through

In TDAM I'm enrolled in DRIP (Dividend Reinvestment Plan) so all dividends automatically get reinvested.

IB doesn't offer DRIP and just gets added to the cash balance in the respective currency.


MNet
post Nov 16 2014, 11:45 AM

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the dividend credit into brokerage account is after 30% deduction for tax?
rjb123
post Nov 16 2014, 07:37 PM

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QUOTE(MNet @ Nov 16 2014, 11:45 AM)
the dividend credit into brokerage account is after 30% deduction for tax?
*
Check your broker activity statements - you can see details of dividend payments and withholding taxes there.

user posted image

Selectt
post Nov 28 2014, 08:19 PM

wattttt!!
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park
rjb123
post Nov 28 2014, 10:44 PM

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QUOTE(Selectt @ Nov 28 2014, 08:19 PM)
park
*
Parking in all ETF related threads? biggrin.gif
Selectt
post Nov 28 2014, 11:04 PM

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QUOTE(rjb123 @ Nov 28 2014, 10:44 PM)
Parking in all ETF related threads?  biggrin.gif
*
study, study, boss... laugh.gif
MNet
post Nov 29 2014, 06:27 PM

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u buying HACK?
rjb123
post Nov 29 2014, 08:55 PM

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QUOTE(MNet @ Nov 29 2014, 06:27 PM)
u buying HACK?
*
This?

http://www.pureetfs.com/etfs/hack.html

Nope
oneeleven
post Nov 30 2014, 08:29 PM

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Is this the right time on the slope to buy into mining and energy funds? Likely to drop much much lower?
MNet
post Nov 30 2014, 09:24 PM

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for short play ok but not for long term
oneeleven
post Dec 2 2014, 06:33 PM

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QUOTE(MNet @ Nov 30 2014, 09:24 PM)
for short play ok but not for long term
*
What length is your long term? I'd like to buy low and keep at least a year, can wait more until rises again.
Neptern
post Jan 1 2015, 09:35 PM

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QUOTE(jasonkwk @ Nov 5 2014, 02:41 PM)
Most ETF in KLSE and SGX suffer liquidity issue, not suitable for trading.
*
Just a quick question, are you saying it is not suitable for day to day trading?

Is it good for the average investor investing for long term?
AVFAN
post Jan 1 2015, 10:30 PM

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hi guys, i just noticed this thread. good that ts started this as i was looking for something to begin with, found nothing then. found this only:
usa stocks thread:
https://forum.lowyat.net/topic/3397675/+380


i recently put some money in us etf's via cimb's itrade which is already mentioned - fees, etc...

in my search for info, i found a few things before i jumped in:

.. us etf's listed on bursa n sgx seem unpopular.
.. buying direct into us via local platforms like itrade may cost a bit more but is viable - real time data is available n reliable.
.. if one is paying 0.42 or 0.35% at bursa, 0.4% for us equities is bearable, provided each transaction is >usd6250, i.e. >usd25 min brokerage.
.. local platforms also offer t+3 for us and sgx like bursa, so u can manage the trades among the bourses.
.. exchange rates - i find itrade's rates reasonable, the spread is about 0.37% e.g. last trading session 3.5035/3.4905.
.. us etf's appear tradeable - the popular ones are always among the highest, spy being the top one almost everyday.

.. yahoo finance offers good info n data, real time. just use email acc, create own portfolio.
http://finance.yahoo.com/
.. etf links:
http://www.barchart.com/etf/vleaders.php
http://money.usnews.com/funds/etfs

i got into spy (s&p500), xle (energy), oih (oilfield services) and qqq (nasdaq/tech).

being new in this, i do not really know what surprises may come except the volatility i noticed. i just thought at this time with rm looking to get weaker and local economy being stressed and tested seriously; us economy looking strong, usd getting stronger; oil prices "near bottom" - ingredients are there to put some money. i may get a rude shock, of course.

to others who have been in it longer, i like to ask:

.. to get lower brokerage fees, are there reputable local outfits dealing in rm-usd? or must go overseas to set up usd acc.?
.. dividends - understand there is 30% tax; for etfs, do they always offer reinvestment for every dividend payout?
.. in the event gomen put capital controls like in 1998, what happens to these etfs held in trust by by local ib nominee?

thanks for sharing. i m sure many more are keen on us etf's at this time.
rjb123
post Jan 2 2015, 10:39 AM

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QUOTE(AVFAN @ Jan 1 2015, 10:30 PM)
hi guys, i just noticed this thread. good that ts started this as i was looking for something to begin with, found nothing then. found this only:
usa stocks thread:
https://forum.lowyat.net/topic/3397675/+380
i recently put some money in us etf's via cimb's itrade which is already mentioned - fees, etc...

in my search for info, i found a few things before i jumped in:

.. us etf's listed on bursa n sgx seem unpopular. - Indeed, volume on SGX / Bursa ETFs is very low
.. buying direct into us via local platforms like itrade may cost a bit more but is viable - real time data is available n reliable. Can't comment, never used any of the local platforms
.. if one is paying 0.42 or 0.35% at bursa, 0.4% for us equities is bearable, provided each transaction is >usd6250, i.e. >usd25 min brokerage. TDAM has lots of commission free ETFs, IB charges 0.005 USD per share, 1 USD minimum
.. local platforms also offer t+3 for us and sgx like bursa, so u can manage the trades among the bourses.
.. exchange rates - i find itrade's rates reasonable, the spread is about 0.37% e.g. last trading session 3.5035/3.4905.
.. us etf's appear tradeable - the popular ones are always among the highest, spy being the top one almost everyday.

.. yahoo finance offers good info n data, real time. just use email acc, create own portfolio.
http://finance.yahoo.com/
.. etf links:
http://www.barchart.com/etf/vleaders.php
http://money.usnews.com/funds/etfs

i got into spy (s&p500), xle (energy), oih (oilfield services) and qqq (nasdaq/tech).

being new in this, i do not really know what surprises may come except the volatility i noticed. i just thought at this time with rm looking to get weaker and local economy being stressed and tested seriously; us economy looking strong, usd getting stronger; oil prices "near bottom" - ingredients are there to put some money. i may get a rude shock, of course.

to others who have been in it longer, i like to ask:

.. to get lower brokerage fees, are there reputable local outfits dealing in rm-usd? or must go overseas to set up usd acc.? Not much competition like overseas, so foreign brokerages (ie US) are far cheaper in fees. But you need to bear costs of transferring funds overseas
.. dividends - understand there is 30% tax; for etfs, do they always offer reinvestment for every dividend payout? Depends on broker, TDAM offers DRIPS (dividend reinvestment program) which automatically reinvests all dividends. IB doesn't offer this, dividends just get credited into your brokerage account in the respective currency. FYI, you can reduce the 30% withholding to 15% by for example buying LSE listed ETFs (also USD denominated) which are domiciled in Ireland, I believe the same also applies to Luxembourg domiciled ETFs.
.. in the event gomen put capital controls like in 1998, what happens to these etfs held in trust by by local ib nominee? Can't advise on this, I'm not Malaysian so likely wouldn't affect me either way

thanks for sharing. i m sure many more are keen on us etf's at this time.
*
AVFAN
post Jan 2 2015, 11:03 AM

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QUOTE(rjb123 @ Jan 2 2015, 10:39 AM)
TDAM has lots of commission free ETFs, IB charges 0.005 USD per share, 1 USD minimum

Not much competition like overseas, so foreign brokerages (ie US) are far cheaper in fees. But you need to bear costs of transferring funds overseas
*
thanks for response.

tdam or foreign ibs... i suppose one will need to register with them, open trading acc, plus have a usd bank acc ready, right?
do they offer any leverage with cash available or paid up stocks?
where would the nearest popular ib be? in sg, hk?

it is obvious the brokerage is far far less, but how are the exchange rates for tdam and those ib's?
do they use special rates or the common rates used by normal banks? roughly, the spread = 0.1%, 0.5%, 1%?
i suspect the spread may be ok but the bank fund transfer fees may be the killer - can u comment?

as i write, usd= rm3.51... again....

thanks much!

This post has been edited by AVFAN: Jan 2 2015, 11:09 AM

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